The Importance of Disclosure

Here’s the most vital thing you need to know when selling your home.

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What’s the most essential thing you need to know when selling a property? Disclose, disclose, disclose! Many sellers think they don’t need to disclose something because it happened a long time ago, or maybe they had an issue, but they repaired it; why would they need to disclose it? The truth is, any time a seller has to ask themselves whether they should disclose something, the answer is always yes.

You want to over-disclose everything. That doesn’t mean only negative things or items you had to fix; you want to disclose positive things too. Maybe you made some improvements to the property as well.

There’s plenty of liability when you sell a house, and it’s crucial to let the new buyer know about anything you’re aware of. There’s a great saying in real estate: “What you don’t disclose, your neighbor will.” You don’t want to be the person who moves into a new home and has the neighbor say, “Did you hear about that leak they had?” Don’t do that to your buyers.

If you have questions about disclosures or any other real estate matter, call me or visit my website. I would love to help you.